The scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of Equity & Equity Related Instruments both in India as well as overseas.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Mayank Hyanki
Mr. Hyanki has done B.Tech and PGDM, Finance
Prior to joining Axis Mutual Fund, he has worked with Reliance, Birla Sun Life Asset Management Company Ltd and ING Investment Management (I) Pvt Ltd
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Axis Large & Mid Cap Fund is ₹35.44 as of 2026-08-27.
Axis Large & Mid Cap Fund is classified as a Large & MidCap fund.
The Assets Under Management (AUM) of Axis Large & Mid Cap Fund is ₹2,023 Cr.
The expense ratio of Axis Large & Mid Cap Fund is 1.91%.
Axis Large & Mid Cap Fund is managed by Mayank Hyanki.
The minimum SIP investment for Axis Large & Mid Cap Fund is ₹100.
As per the SEBI Riskometer, Axis Large & Mid Cap Fund carries a Very High risk level.
Axis Large & Mid Cap Fund has delivered 9.15% (1Y), 16.01% (3Y) and 12.33% (5Y) annualised returns as of 2026-08-27.
Axis Large & Mid Cap Fund was launched on 2009-09-04.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.